[NEW:]
Gold edged higher in early Asian trade. The precious metal’s appeal as a safe-haven asset has been supported by the escalating geopolitical tensions, said FlowCommunity.
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[NEW:]German and Finnish governments investigate the Cinia cable break, while a separate issue impacts the Arelion line between Sweden and Lithuania.
(Telecompaper) The Foreign Ministers of Finland and Germany have issued a joint statement saying a thorough investigation is under way into a severed submarine cable connecting the two countries in the Baltic Sea…
[NEW:]Oil Prices Drop as Demand Issues Overshadow Geopolitical Fears
Oil prices fell and Swissquote Bank said the ample global supply against a weak global demand outlook remains supportive of bearish positions, adding that a solid resistance is being seen in the $70-72 a barrel range.
[NEW:]
The dollar could struggle next year following its rally since the presidential election due to concerns over Trump’s policies and about whether he wants to keep the currency strong, CIB said.
[NEW:]We cannot abandon paper checks, and that presents a huge opportunity for scammers.
Suspected fraudsters congregate anonymously on message boards and social media, figuring out which banks to target with altered checks.
[NEW:]Wall Street remains optimistic about car loans despite an increase in late payments.
Investors are snapping up bonds tied to car loans, betting that a strong U.S. economy will keep rising delinquency rates in check.
[NEW:]Metal Prices Varied; Copper Declines Amid Ongoing Demand Worries
Metal prices were mixed, with copper down and trading in a relatively narrow range since Donald Trump’s victory prompted a sell-off and aluminium up after China said it will cancel tax-export rebates on aluminum and copper semi-manufactured products.
[NEW:]
The vaccine skeptic may find it hard to enact earth-shattering changes to American healthcare